Ottawas deficit shrinks as tax revenue grows

OTTAWA — The Canadian government ran a $941-million deficit for October compared with a $3.21-billion deficit in the same month last year.Ottawa’s fiscal monitor says the improvement came as revenue increased 11.1 per cent, boosted by higher personal income tax and Goods and Services Tax revenues.The results of a year ago included a one-time adjustment downward due to the introduction of the Conservative government’s income-splitting plan for families and a doubling of the children’s fitness tax credit.The newly elected Liberal government is planning to discontinue income splitting.Program spending for October 2015 increased by 0.4 per cent, while public debt charges fell 6.4 per cent.For the April to October period, the government posted a surplus of $634 million compared with a deficit of $3.95 billion in the same period a year earlier.Revenue for the first seven months of the fiscal year was up 8.7 per cent, while program spending was up 6.6 per cent. Public debt charges fell 3.6 per cent. read more

Pictured The cesspit where author Helen Baileys body was found hidden after

first_img Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. The defendant denies charges of murder, preventing a lawful burial, fraud and three counts of perverting the cause of justice.The trial at St Albans Crown Court previously heard that Ms Bailey and Stewart met on a dating site for people who had been widowed following the death of her husband in 2011.She had worn a ring since 2014 and had been due to re-marry in September 2016. Helen Bailey, a successful author, was known by younger readers for her characters Electra Brown and Daisy Davenport Near her side lay the remains of her beloved miniature dachshund, Boris, the trial previously heard.On Friday, jurors were shown the cesspit where her remains lay hidden from view for three months.The tank, which was full of human waste at the time, is located inside an old-fashioned well and goes around 15ft beneath the garage’s concrete floor, according to police. Helen Bailey with her partner Ian Stewart Helen Bailey was found dead in the grounds of her sprawling £1.5m Hertfordshire property three months after going missing Helen Bailey with her partner Ian Stewart, who is accused of her murder Helen Bailey's body was discovered in a septic tank beneath the garagecenter_img Helen Bailey’s body was discovered in a septic tank beneath the garageCredit:Hertfordshire Constabulary/PA Stewart, 56, is accused of “secretly” giving her a sleeping drug in increasing amounts over time as part of a “long-planned” plot which had “money as its driving motive”.Then, on April 11, it is alleged he killed her while she was in a “stupefied” state and hid her remains in the waste tank – parking a car over the access point.Ms Bailey was said to be “very successful” and worth around £4 million, earning around £5,000 a month in royalties from her books. Helen Bailey was found dead in the grounds of her sprawling £1.5m Hertfordshire property three months after going missingCredit:JOHN McLELLAN Jurors have been taken to the site where children’s author Helen Bailey was allegedly drugged and killed before being dumped in a cesspit.The 12 were accompanied by police, counsel and court officials during the visit to the 51-year-old’s lavish home in Royston, Hertfordshire.Ms Bailey shared the home with fiance Ian Stewart, who is charged with her murder, and his two sons.The 51-year-old writer was found deep in the grounds of her sprawling £1.5 million property in July 2016, three months after she was reported missing. Helen Bailey, a successful author, was known by younger readers for her characters Electra Brown and Daisy DavenportCredit:Hertfordshire Police Stewart was in line to be a “very substantial” benefactor of the author’s £4 million fortune in the event of her death, jurors were told.Ms Bailey was known by younger readers for her characters Electra Brown and Daisy Davenport, but found a new audience with her blog, Planet Grief, about becoming a widow.Stewart denies all charges. The trial continues.last_img read more